
8 February 2016 | 10 replies
My objective is to move my business to 100% cloud-based systems and shut down my physical office.

28 June 2023 | 10 replies
What we like about this property, is that it is only 1 block from our current duplex, and can physically see the new triplex from our current duplex.Here are some deal notes:Listing - https://www.zillow.com/homedetails/3189-Shearer-Ave-Cayucos-CA-93430/2088459196_zpid/Purchase Price - $1.45mDown Payment - 20%Seller Credits - $50kInterest Rate - 5.85% (after seller credits to buy down rate)The negatives about this deal that we are struggling with, and seeking advice throughout the community, are the following.- 2 of the 3 units are filled with tenants paying below market rate.- We would need to aggressively either raise rates on the tenants or evict them, in order to perform light rehab and bring in new tenants for market-rate rents.- Current tenants are on month-to-month leases.- We’re currently consulting with local RE attorneys and PMs to learn more about this process per our local laws.Even if we're able to get rents up to the market rate for the Triplex units, the property would still be performing with a negative NOI.Projected Rents and Mortgage:- Unit A (1 bed/1 bath) - $2500/M- Unit B (2 bed / 1 bath) - $3000/M- Unit C (Studio) - $2000/M- Total - $7500/M- PITI - $8800/M- Negative NOI - $1300/MOur local credit union bank which would be carrying the loan, has a great program that allows you to rebuy your rate once a year for $800 at whatever the base interest rate is at that time.

26 June 2023 | 1 reply
I found a great cloud-based brokerage that will allow me to train without physically being in the office taking leave from my military position.I think about finding a brokerage like going shoe shopping.

9 June 2023 | 4 replies
If I understand so you are a US citizen so despite not being in the US physically you will still be eligible for conventional loans.

24 June 2023 | 1 reply
It's kind of hard for me to picture this set up, is the garage door going to stay on there, but the physical garage is being converted to a living structure?

20 August 2021 | 9 replies
It is difficult to find clients because you cannot complete with the price you charge because your clients can usually pay less than you charge to live in large facilities with beautiful buildings, swimming pools, club houses, professional nurses, physical therapists, nutritionists, larger and better kitchens and better food than you can offer.Even for the apartment buildings I own, every month or two I lose a tenant to a large assisted living facility.

22 June 2023 | 3 replies
Don't mind some physical hard labor of cleaning out properties, cold calls, admin work etc etc.

7 September 2021 | 24 replies
I personally think you open yourself to a big liability risk if you are using the same code or giving guest physical keys where they can make a copy.

28 November 2021 | 22 replies
She knows I'm as invested as she is because my success depends upon her success.The benefit you get is my mind, my brain, my soul in the sense that I'm there physically with you, and mentally with you through the project.

19 June 2023 | 18 replies
Granted its a very loose proxy for "market rent" for the physical lease.